June 16, 2026
Economic Development
Richmond Housing Authority (RHA)
& City of Richmond
DATE: June 16, 2026
TO: Members of the City Council and Members of the Board of Commissioners of the Richmond Housing Authority (RHA)
FROM:
Shasa Curl, City Manager
Emily Combs, Director of Finance
Mubeen Qader, Deputy Director of Finance
Nannette Beacham, Economic Development Director
Antoinette Terrell, RHA Executive Director
Rita Martinez, Finance Manager II
Subject:
Richmond Housing Authority (RHA) Cost Allocation Plan
Approval
FINANCIAL IMPACT: Approval of the cost allocation plan will allow the City to charge administrative or indirect services costs to the RHA.
PREVIOUS COUNCIL
ACTION:
October 22, 2024
STATEMENT OF THE
ISSUE:
A component of the financial related tasks of the Public Housing Authority Recovery and Sustainability (PHARS)
Agreement is to develop a United States Department of
Housing and Urban Development (HUD) approved Title 2
Code of Federal Regulations 200 (2 CFR Part 200)
compliant Cost Allocation Plan to be implemented for
Richmond Housing Authority budgets.
RECOMMENDED ACTION:
ADOPT a resolution approving the Title 2 Code of Federal Regulations 200 Compliant Version Cost Allocation Plan to be implemented for Richmond Housing Authority (RHA)
Budgeting (Fiscal Year 2026-2027) – Richmond Housing
Authority/Finance Department (Nannette Beacham/
Antoinette Terrell 510-621-1300).
JOINT MEETING
AGENDA REPORT
June 16, 2026
DISCUSSION:
The Richmond Housing Authority and City of Richmond Finance Department are requesting approval of the Title 2 Code of Federal Regulations Part 200 (2 CFR Part 200) compliant Cost Allocation Plan to support the development of RHA’s Central Office Cost Center (COCC) and budgets, as required under the Public Housing Authority Recovery and Sustainability (PHARS) Agreement deliverables.
On February 5, 2025, the City Council approved the engagement of Matrix Consulting Group to prepare the 2 CFR Part 200 compliant Cost Allocation Plan. The purpose of the plan is to identify and quantify costs incurred by the City of Richmond on behalf of RHA and establish a reasonable methodology for recovering eligible administrative and support costs from the United States Department of Housing and Urban Development (HUD).
The consultant completed the Cost Allocation Plan, which was subsequently reviewed, revised, and approved by City staff. The next step in the process was consideration and approval by the RHA Board of Commissioners. RHA staff is now submitting the finalized Cost Allocation Plan to the Board of Commissioners for final adoption.
DOCUMENTS ATTACHED:
Attachment 1 - Resolution
Attachment 2 - Cost Allocation Plan FY 2026-27 - Title 2 CFR, Part 200 Compliant